Electrolux Announces 810 New Local Jobs, $85 Million Expansion of Company's North American Headquarters

NC Gov. Pat McCrory joined Electrolux business leaders and employees to celebrate announcement

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Dec 20, 2013, 02:12 ET

CHARLOTTE, N.C., Dec. 20, 2013 /PRNewswire/ --Electrolux announced today it is adding 810 new local jobs and expanding its North American headquarters, their second expansion at this location in three years. The new jobs are in the areas of research and development, marketing, design, engineering, supply chain, finance, IT and executive management, and will be added by the end of 2017.

(Photo: http://photos.prnewswire.com/prnh/20131220/NY37308)

Electrolux Announces 810 New Local Jobs, $85 Million Expansion of Company's North American Headquarters. (PRNewsFoto/Electrolux North America) (PRNewsFoto/ELECTROLUX NORTH AMERICA)

Jack Truong, president and CEO of Electrolux Major Appliances North America, was joined by North Carolina Gov. Pat McCrory, together with state and local officials, community leaders and Electrolux employees, to celebrate the announcement as a major milestone in the company's growth.

"Electrolux is committed to bringing innovative solutions to consumers and to advanced manufacturing," said Jack Truong, president and CEO of Electrolux Major Appliances North America. "As a leader in appliance R&D, innovation and beautiful design, we're excited about what this new expansion means for the future of our business and that our continued investment in Charlotte will help bring jobs and drive economic growth."

Electrolux will invest $85 million in the development of a second building adjacent to the existing headquarters. Features of the new six-floor, 375,000-square-foot building will include LEED certification, solar panels, a roof garden and a courtyard.

"The $85 million investment will have an immediate impact on the local economy -- beginning in January -- as we engage local architects, designers and construction-related vendors and will last throughout the next two years as we build our second facility," said Truong.

Today, the North Carolina Economic Investment Committee voted to award a Job Development Investment Grant (JDIG) to Electrolux in support of the project. Receipt of the award is based on proof of job creation and other performance requirements.

"We're proud to partner with Electrolux to help them bring more high-paying STEM jobs to North Carolina," said Gov. McCrory. "This announcement helps solidify our position as a state with a skilled workforce and strong business climate, and a place where global companies operate their North American headquarters with much success."

Electrolux Presence and Capabilities in North Carolina

Charlotte, N.C.
- Headquarters facility
- R&D for laundry products built in North America
- R&D for electronic systems of all major appliances built in North America
- Product design for all major and small appliances built in North America
Kinston, N.C.
- Manufacturing plant for dish care products
- R&D for dish care products built in North America
Asheville area
- National Parts Distribution Center

Electrolux total employment in N.C. is nearly 1,500 and the company's presence puts approximately $150 million into the state's annual economy from payroll and the purchase of good and services. In Charlotte, the company now has 760 employees and 145 contractors. The expansion will add an additional 810 employees in Charlotte and approximately $100 million annual impact.

About Electrolux
Electrolux is a global leader in appliances for household and professional use, selling more than 50 million products to customers in more than 150 countries every year. The company focuses on innovations that are thoughtfully designed, based on extensive consumer insight, to meet the real needs of consumers and professionals. Electrolux products include refrigerators, dishwashers, washing machines, vacuum cleaners, cookers and air-conditioners sold under esteemed brands such as Electrolux, Frigidaire, Kelvinator, AEG, and Eureka. In 2012, Electrolux had sales of $17 billion ($5.1 billion in North America) and 58,000 employees. The Electrolux North American headquarters is located at 10200 David Taylor Drive, Charlotte, NC 28262 in the University Research Park. For more information visit http://newsroom.electrolux.com/us/.

Contact:

Eloise Hale
980.236.2929
[email protected]

SOURCE Electrolux North America